New Elite Club customer can enjoy up to HK$16,200 rebate^#

^#Includes “Elite Club” Account Opening Reward up to HK$3,000 free credit card spending limit, “Wealth Management Products Offer” up to HK$12,900 subsription fee/ transaction fee rebate and "Credit Card” Welcome Offer up to HK$300 free credit card spending limit.

• Elite Club Account Opening Reward and Credit Card Welcome Offer
• Wealth Management Products Offer

Reminder: To borrow or not to borrow? Borrow only if you can repay!
Investment involves risk. The above offers are subject to Terms and Conditions.

Remarks:
^# New Elite Club customer can enjoy up to HK$16,200 rebate, includes “Elite Club” Account Opening Reward up to HK$3,000 Free Credit Card Spending Limit, “Wealth Management Products Offer” up to HK$12,900 Fund Subscription Fee/ Transaction Fee rebate and "Credit Card” Welcome Offer up to HK$300 Free Credit Card Spending Limit.
1 Eligible Customers need to open Debit Card and Consolidated Investment Account/ Securities Account at the same time.
2 Average Daily Total Liquid Assets (TLA) includes all deposit balances and the market value of investments in the Bank. For sole-name account holders, the deposit balances and the market value of investments of their other joint-name account(s) will also be counted. TLA of joint-name account will be counted as the TLA of the primary account holder only.
3 Credit Card Welcome offer is only applicable to successful new applicants for principal card of ICBC "Elite Club" Mastercard Platinum Card (“Designated Credit Card”) issued by Industrial and Coercial Bank of China (Asia) Limited (the "Bank") with applications made under this welcome offer from 5 July 2021 till 31 December 2021 (both dates inclusive). Existing ICBC (Asia) Credit Card Cardholder who holding any of our credit card or those who have cancelled any ICBC Asia Credit Card (includes Affinity Card) in the past 6 months will not be eligible for the Welcome Offer.
4 New applicants for principal card of ICBC“Elite Club”Mastercard World Card can enjoy the Welcome Offer HK$300 Free Card Card Spending Limit upon fulfilling designated spending requirement (the “Designated Spending Requirement”), i.e. make retail spending or cash advance within the first 2 months of new cards issuance.
5 The Designated Spending Requirement is determined by its transaction date according to the retail spending and cash advance, excluding non- posted/cancelled/cheated/returned or other unauthorized transactions.
6 “Wealth Management Product Offer” up to HK$12,900 rebate, includes “Investment Fund Subscription Fee Rebate” up to HK$10,000, “Currency Linked Contract” up to HK$1,200 transaction fee rebate, “Structured Deposit” up to HK$500 transaction fee rebate and “Extra accumulated transaction award” up to HK$1,200 transaction fee rebate.
7 Selected Customers is defined as customers who did not conduct any one of the following transactions (1) Fund subscription transaction (Do not include fund switching and any subscription via Fund Monthly Saving Plan); (2) Currency Linked Contract transaction; (3) Structured Deposit transaction (Include existing customers or customers who newly open the “Investment Account” during the Promotion Period) with the bank between 1 July 2020 and 30 June 2021. Investment Account includes “Consolidated Investment Account – Investment Funds, Bonds and other Structured Product and/or “Instrument-Linked and Structured Deposit Account”
8 Eligible Transaction(s) is defined as: Investment Fund (1) Fund subscription transaction for Securities and Futures Commission authorized funds distributed by the Bank (excluding money market fund); (2) Fund subscription transaction with subscription fee 1% or above; (3) Exclude any transaction from Fund Switching and Fund Monthly Saving Plan; Currency Linked Contract (product tenor is 2 weeks or above); Structured Deposit (product tenor is 4 months or above)
9 Eligible Customers are required to fully pay the subscription fee in full at the time of transaction. The amount of subscription fee will be rebated to customers in form of cash after the end of the Promotion Period. The subscription fee rebate and transaction fee rebate will be deposited into customers’ saving account on or before 31 December 2021.

Risk Disclosures:

Investment involves risks. The prices of investment may move up or down and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling investment. Past performance of any investment is no guide to its future performance.

Investment Funds:When investment denominated in non-local currencies, please be aware of the risk of exchange rate fluctuations that may cause a loss of principal.

Bonds:Bonds are mainly for medium to long term investment, you should be prepared to invest your funds in bonds for the full investment tenor; you could lose part or all of your investment if you choose to sell bonds prior to maturity. You should bear the credit risk of the issuer. The price of bonds may fluctuate and the factors affecting market price of bonds include, but not limited to, fluctuations in Interest Rates, Credit Spreads, and Liquidity Premiums. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling bonds. ICBC (Asia) does not guarantee the existence of secondary market.

Currency-Linked Contract: Currency-Linked Contract is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. The returns on currency-linked contract are limited to the predetermined interest amount and will depend on the market conditions prevailing on the determination date. Investment in the currency-linked contract involves the risk of exchange rate fluctuation of the linked currency, leading to the possible loss of some or all of the principal and interest amount.

Equity Linked Contract:Equity Linked Contract is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. Investment in equity linked contract involves substantial risks including market risk, liquidity risk, and the risk that the issuer(s) who will be unable to satisfy its obligations under the equity linked contract. Investors should read the relevant prospectus, information memorandum and/or offering documents to ensure that they understand the nature of all of these risks before making a decision to invest in equity linked contract.

Structured Deposit:Structured Deposit is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. The returns on Structured Deposit are limited to the predetermined interest amount and will depend on the market conditions prevailing on the determination date. Your investment in Structured Deposit denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal.

Structured Product: Structured Product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. The returns on Structured Product could be limited to the predetermined interest amount and will depend on the market conditions prevailing of underlying asset on the determination date, your investment may be converted to underlying asset at a specified price, it may cause a loss of principal . Your investment in Structured Product denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. If the issuer becomes bankrupt or default, you may lose part or the whole of your investment amount.

Certificate of Deposit: The Certificate of Deposit is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. The Certificate is issued by the Bank. If the Bank becomes bankrupt or default, you may lose part or the whole of your investment amount.

Important Notice

The above risk disclosure statements cannot disclose all the risks involved. If you wish to obtain the comprehensive risk disclosure, please approach our branch staff for enquiries. Before making investment decision, you should thoroughly study the offering documents, financial reports and relevant risk disclosure statements issued by the issuer of the investment product(s). Further you should consider your own circumstances including financial position, investment experience and objective to ensure the investment is suitable for your particular investment needs and risk tolerance capacity. You should seek independent financial and professional advice before any trading or investment. This promotional material does not constitute an offer or solicitation for the purchase or sales of any investment products. This promotional material is issued by Industrial and Commercial Bank of China (Asia) Limited (the “Bank”) and the contents have not been reviewed by Securities and Futures Commission.

The Bank distributes the fund product for the fund houses and the fund product is a product of fund houses but not that of the Bank. In respect of an eligible dispute (as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme) arising between the Bank and the customer out of the selling process or processing of the related transaction, the Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer; however any dispute over the contractual terms of the fund product should be resolved between directly the fund houses and the customer.

Reminder: To borrow or not to borrow? Borrow only if you can repay!

"ICBC (Asia)" or “The Bank” is the abbreviation of Industrial and Commercial Bank of China (Asia) Limited.